EverQuote Inc reports results for the quarter ended in September 30 - Earnings Summary

EverQuote

05/11/2024 07:57

* EverQuote Inc  EVER.OQ  reported quarterly adjusted
earnings of
31 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -87 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 22 cents per share. Wall Street
expected results to range from 15 cents to 29 cents per share.
    * Revenue rose 162.7% to $144.53 million from a year ago;
analysts
expected $140.34 million. 
    * EverQuote Inc's reported EPS for the quarter was 31
cents​.
    * The company reported quarterly net income of $11.55
million.
    * EverQuote Inc shares had fallen by 17.9% this quarter and
gained 41.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 74.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for EverQuote Inc is
$33.00 
This summary was machine generated from LSEG data November 5 at
07:57 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.22           0.31           Beat
 Jun. 30 2024      0.03           0.17           Beat
 Mar. 31 2024      -0.07          0.05           Beat
 Dec. 31 2023      -0.32          -0.19          Beat